Statistics Estonia: In September foreign trade continued to decrease
According to Statistics Estonia, in September 2015, exports of goods decreased by 10% and imports by 9% compared to September of the previous year. Summing up the first three quarters…
Indonesia officially asks OPEC to reactivate its membership
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries to reactivate its full membership in the Organization. The request has been circulated to all OPEC…
Statistics Estonia: Stable growth in retail sales continued in September
According to Statistics Estonia, in September 2015 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 9% at constant prices. In the…
Statoil to explore offshore Mozambique
Statoil has together with partners submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round. The Eni led partnership will subsequently enter into negotiations…
UPS Triples The Size Of Louisville Package Facility
$300 million ground sorting facility expansion addresses package growth, to add 300 jobs UPS (NYSE:UPS) announced it will triple the size of its “Centennial” ground package sorting facility in Louisville…
Statoil to explore offshore South Africa
Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right. The remaining…
Venezuela’s Central Bank Files Lawsuit to Shut Down Black Market Currency Website DolarToday for Falsifying Exchange Rates
WILMINGTON, Del., Oct. 23, 2015 The Central Bank of Venezuela, represented by law firm Squire Patton Boggs, today filed suit in U.S. District Court to halt the operation of DolarToday LLC,…
Nord Stream 2 to increase reliability of gas supply to Europe
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation, paid a working visit to France. As part of the visit, a working meeting took place in Paris between Alexey Miller and Jean-Pierre Jouyet, Chief…
European stocks and dollar edge up, ECB keeps rates steady
Governing Council Meeting Malta 2015 At today’s meeting, which was held in Malta, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and…
NORDIC INVESTMENT BANK: NIB finances silicon technology improvement programme in Norway
Photo: Elkem AS The Nordic Investment Bank (NIB) and Norwegian silicon supplier Elkem AS have signed a euro-denominated eight-year loan agreement totalling NOK 373.7 million (approximately EUR 41 million – the amount is to be…
Activity in the Estonian external economy continued to decline in August
The flash estimate1 put the Estonian current account at 6 million euros in surplus in July 2015. Exports and imports of goods, services and investment income were all down in…
Worldsteel Short Range Outlook 2015-2016
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2015 and 2016. worldsteelforecasts that global steel demand will decrease by -1.7% to 1,513 Mt in 2015…
The European Bank for Reconstruction and Development (EBRD) launches Women in Business programme in Egypt
The European Bank for Reconstruction and Development (EBRD) has teamed up with Egypt’s largest commercial bank to launch a Women in Business (WIB) programme aimed at strengthening the role of…
LUKOIL’s associated petroleum gas starts flowing to Gazprom-owned Sosnogorsk GPP
Sosnogorsk GPP Associated petroleum gas produced from the northern group of fields owned by LUKOIL-Komi started flowing to the Gazprom-owned Sosnogorsk gas processing plant (GPP). APG supplies will enable the loading of available capacities…
Residential mortgage
Your initial mortgage is a home loan that makes the purchase of your property possible. The home mortgage is the property loan that you take out to purchase your home.…